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Ashley Gile

ashley@ashleygile.com +1(603) 851-7452

Listed By Nick Gray Gray Property Group, LLC

$ 599,000

Est. payment -/mo

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Under Contract

17 Bridge ST Pittsfield, NH 03263

8 Beds

4 Baths

3,836 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 3,836 sqft

Price per Sqft $156

MLS Listing ID 5082020

Style Apartment Building

Bedrooms 8

Full Baths 4

Construction Status Existing

Year Built 1900

Annual Tax Amount $8,215

Tax Year 2025

Lot Size 8,276 Sqft

Acres 0.19

Property Description

Well-maintained 4-unit multifamily property in a central Pittsfield location, directly abutting Drake Field and within walking distance to downtown amenities. The property consists of four residential units: a 3-bedroom, two 2-bedrooms, and a 1-bedroom. Several units feature private porches, and two units include in-unit washer/dryer. Interior features include a mix of original millwork and functional updates. Each unit is separately metered for electricity and hot water, helping to control operating expenses. Tenants pay for electricity, while the landlord covers oil heat, public water, and sewer. Two driveways provide 5-6 off-street parking spaces, adding convenience for tenants. Current monthly rents range from $1,725–$1,800 for the 2-bedroom units and ~$1,650 for the 1-bedroom units, generating ~$81,000 in annual gross income and ~$50,500 in net operating income. A large attached barn offers additional value-add potential. Buyers may explore the feasibility of converting this space into an additional unit or adding paid storage space, subject to town approvals. Conveniently located, the property is just minutes from Route 28 and has easy access to Concord (~20–25 minutes), Manchester (~40 minutes), and the Seacoast (~45 minutes). Whether you're looking to expand your portfolio or acquire a stable asset with upside potential, 17 Bridge Street presents a straightforward investment opportunity with both in-place cash flow and future value-add potential.

Location

State NH

County Nh-merrimack

Area Nh-Merrimack

Zoning Urban (U)

Rooms

Basement Concrete Floor, Unfinished

Interior

Heating Oil, Hot Water, Boiler

Cooling None

Exterior

Parking Features No

Utilities Available Cable

Waterfront Description No

View Y/N No

Water Access Desc No

View No

Roof Type Asphalt Shingle

Building

Lot Description Corner, Landscaped, Level, In Town

Story 2.5

Sewer Public

Water Public

Architectural Style Apartment Building

Construction Status Existing

Ashley Gile

Agent

+1(603) 851-7452

Ashley Gile

17 Bridge ST Pittsfield, NH 03263

Key Details

Location

Rooms

Interior

Exterior

Building

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17 Bridge ST